was not a widely accepted principle. Nowadays, everything is indexed. And so because everything is indexed, it's very difficult for a manager who manages pension fund money and large institutional money to outperform the index. Because if it doesn't perform similarly to the index, say the index is up 20% and is down 20%, it's going to get the lawsuit, I guarantee you. You mentioned technologies, well, in your writings, and I should also mention for our audience who may not know this, do I remember correctly having seen and read a number of your quotes in March of 2009 calling the bottom not just in equities, but also the imminent intermediate decline of the dollar. You had really nailed that in March of 2009, correct? Yes, I've been relatively positive about equities starting the end of 2008, especially for Asian equities. And I was interviewed on March 6, 2009 by Bloomberg and I said, the market is grossly oversold and it's based on sentiment indicators. It's at the buying level. At (15/38)
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